Final answer:
It is false that marketing can always meet customer needs due to various limitations. While markets can adapt to changes in consumer demand, it does not always result in an exact equivalent amount to what is demanded. The market revolution indeed brought significant social and economic changes to the United States.
Step-by-step explanation:
The assertion that 'Marketing can always meet the customer's needs' is generally False. It is a fundamental goal of marketing to understand and meet customer needs, but it cannot always achieve this perfectly due to various limitations such as technological constraints, resource scarcity, and mismatches between what is offered and what customers truly want or need.
Understanding Market Dynamics
Within the context of market dynamics, when consumers demand more goods than are available, prices tend to be driven higher. The increased potential for profit does indeed incentivize more suppliers to enter the market. However, saying that this results in an equivalent amount to that which is demanded misrepresents the complexity involved. Rather, the market moves towards equilibrium where quantity supplied will begin to match quantity demanded, which may not be an exact match initially due to time lags, imperfect information, and other market friction.
The Market Revolution
Regarding the first statement, it is True that the market revolution brought significant social and economic changes to the United States. The period saw a shift from manual labor and agrarian economy towards an industrialized marketplace, which notably impacted social structures and economic practices.